Manage Real Estate Investments While Working A 9-5 | Adam Sondgeroth of Sondgeroth Capital - E101
06/05/24 • 33 min
Navigating the complexities of real estate investing while working a full-time job can be daunting, and you might find yourself overwhelmed by the idea of taking that first step. In today's episode, seasoned investor Adam Sondgeroth shares his journey of overcoming these hurdles and successfully building a substantial real estate portfolio.
Adam is known for his hands-on approach and extensive portfolio management. He balances his full-time job as a railroad bridge inspector, all while leveraging unique strategies like lease options and owner financing, to thrive in the competitive market. His expertise extends into short-term lending and fix-and-flip projects, underscoring his versatility and commitment to real estate success.
“Don’t take advice from somebody that’s not in a position that you want to be in.” - Adam Sondgeroth
In this episode you will learn:
- How Adam transitioned into buying his first investment property.
- The importance of knowing your "why" in real estate investing and how to deal with naysayers.
- The challenges of successfully scaling up while holding down a full-time job.
- The significance of taking action in real estate investing rather than just acquiring knowledge.
- Strategies Adam used to secure owner-financed deals and the value of mentorship in his investment career.
- Adam's stance on hiring help and managing a large portfolio.
- The value of paid mentorship and real estate education.
Resources
- Reach out to Adam via email: [email protected]
- Visit Adam's website to see his company's offerings: https://www.sondgerothcapital.com
- Connect with Adam on LinkedIn: https://www.linkedin.com/in/adam-sondgeroth
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.com
----------
Breneman Capital: https://www.breneman.com
Investor List: https://www.breneman.com/invest
Passive RE Investor Guidebook: https://www.breneman.com/downloads
Connect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
Navigating the complexities of real estate investing while working a full-time job can be daunting, and you might find yourself overwhelmed by the idea of taking that first step. In today's episode, seasoned investor Adam Sondgeroth shares his journey of overcoming these hurdles and successfully building a substantial real estate portfolio.
Adam is known for his hands-on approach and extensive portfolio management. He balances his full-time job as a railroad bridge inspector, all while leveraging unique strategies like lease options and owner financing, to thrive in the competitive market. His expertise extends into short-term lending and fix-and-flip projects, underscoring his versatility and commitment to real estate success.
“Don’t take advice from somebody that’s not in a position that you want to be in.” - Adam Sondgeroth
In this episode you will learn:
- How Adam transitioned into buying his first investment property.
- The importance of knowing your "why" in real estate investing and how to deal with naysayers.
- The challenges of successfully scaling up while holding down a full-time job.
- The significance of taking action in real estate investing rather than just acquiring knowledge.
- Strategies Adam used to secure owner-financed deals and the value of mentorship in his investment career.
- Adam's stance on hiring help and managing a large portfolio.
- The value of paid mentorship and real estate education.
Resources
- Reach out to Adam via email: [email protected]
- Visit Adam's website to see his company's offerings: https://www.sondgerothcapital.com
- Connect with Adam on LinkedIn: https://www.linkedin.com/in/adam-sondgeroth
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.com
----------
Breneman Capital: https://www.breneman.com
Investor List: https://www.breneman.com/invest
Passive RE Investor Guidebook: https://www.breneman.com/downloads
Connect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
Previous Episode
Celebrating 100 Episodes: A Father-Son Chat on Investing
In this special 100th episode of The Breneman Blueprint, Drew Breneman interviews a very special guest - his own son William!
At just 6 years old, William has listened to every single episode of his dad’s podcast and has become his #1 fan!
William shares how he turned $5 from the tooth fairy into $80 by investing in apartment buildings. Don't miss this adorable episode celebrating 100 episodes of real estate wisdom!
Highlights:
00:00 Intro
01:31 Introduction to a special guest William Breneman
02:51 William’s favorite episode
03:23 What did William learn from the podcast?
03:55 How did William invest his money?
05:20 Hitting 2000 subscribers
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Breneman Capital: https://www.breneman.com
Investor List: https://www.breneman.com/invest
Passive RE Investor Guidebook: https://www.breneman.com/downloads
Connect with Drew: https://linktr.ee/drewbreneman
Next Episode
Investing In Multifamily Properties | Drew Breneman’s Appearance On Cash Flow Connections - E102
The multifamily property market can feel like an intricate maze, with concerns about stability, market fluctuations, and achieving favorable returns often taking center stage. Despite dedicating countless hours to researching and analyzing potential opportunities, you might still find yourself grappling with uncertainty and apprehension. In this episode, Drew Breneman guests on the Cash Flow Connections Real Estate Podcast, where he shares his experiences of navigating these challenges and offers insights on mitigating the risks and pinpointing high-potential markets.
“Whenever things are going to turn positive in the real estate market, it’s going to happen fast” - Drew Breneman
In this episode, you will learn:
- The benefits of investing in multifamily properties, including stability, low risk, and strong appreciation.
- Key investment strategies and market considerations
- How to mitigate market volatility and make informed investment decisions during fluctuations.
- The transition from commercial properties to multifamily investments and the factors emphasizing better risk-adjusted returns for multifamily holdings.
- Insights on the current real estate market trends, including falling rents, increased cap rates, and strategies for conservative underwriting.
- The "secret sauce" of Breneman Capital, specifically targeting off-market deals for multifamily properties built after 1980 and utilizing advanced analytics tools for investment decisions.
Resources
- Listen to the original episode on the Cash Flow Connections Real Estate Podcast: https://cashflowconnections.com/e592-tt-how-to-invest-in-multifamily-in-todays-market/
- Read Hunter Thompson's book, 'Raising Capital for Real Estate: How to Attract Investors, Establish Credibility, and Fund Deals': https://www.amazon.com/Raising-Capital-Real-Estate-Credibility/dp/1712882120
This podcast was produced by the team at Zapods Podcast Agency:
https://www.zapods.com
----------
Breneman Capital: https://www.breneman.com
Investor List: https://www.breneman.com/invest
Passive RE Investor Guidebook: https://www.breneman.com/downloads
Connect with Drew on LinkedIn: https://www.linkedin.com/in/drewbreneman
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